Trade Operations Associate

Focus Financial Partners • Boston, MA

3d • $75,000 - $85,000 • Hybrid

About The Position

Crestwood Advisors is seeking a Trade Operations Associate to join its Boston-based team. The role supports the investment process and works with Portfolio Management, Research, Operations, and Wealth Management teams, while collaborating closely with the Senior Trader. Crestwood is an independent, fee-only Registered Investment Advisor overseeing more than $8 billion in assets under management and serving high-net-worth clients with wealth and investment management solutions.

This hybrid position requires three days in the office and two days remote. The role’s responsibilities include equity trade execution, trading and custodial record reconciliation, maintaining security models, ensuring compliance with firm policies and regulatory requirements, and supporting portfolio managers with day-to-day trading and investment needs. The associate also identifies potential portfolio actions, communicates trading and market information, and develops and maintains custom investment reports using platforms such as Koyfin, Black Diamond, and RedBlack.

The expected annualized base salary range is $75,000–$85,000. Actual pay may vary based on factors including experience, subject matter expertise, work location, and skills. Compensation may also include an annual cash bonus and benefits such as medical, dental, vision, life insurance, and a 401(k). The firm will consider support for further education and industry designations. The job title may change based on the selected candidate’s experience and education.

Requirements

• At least 1 year of relevant experience in trading, investment operations, or portfolio support.
• Strong technological aptitude and ability to work across multiple platforms to ensure data accuracy and operational integrity.
• Ability to thrive in a fast-paced, collaborative, team-oriented environment.
• Excellent communication and interpersonal skills.
• Detail-oriented and organized, with the ability to manage multiple workflows simultaneously.

Nice To Haves

• Experience with electronic trading and portfolio systems such as RedBlack or Eclipse.
• Exposure to VBA or other analytical tools.
• Progress toward the CFA designation.
• The ideal candidate is motivated and intellectually curious, with a passion for investment markets.

Responsibilities

• Implement equity execution through the firm’s order management system.
• Reconcile the trading system with custodial records daily to ensure accurate settlement.
• Maintain and update security models in the order management system.
• Ensure trading activity adheres to firm policies, procedures, and regulatory requirements.
• Participate in Research and Investment Committee meetings and highlight security or trading concerns as investment decisions are considered.
• Manage customized options strategies, including options analysis for clients with concentrated positions.
• Provide day-to-day trading and investment support to Portfolio Managers.
• Proactively identify and suggest portfolio actions, including drift rebalancing trades, tax loss harvesting opportunities, and trades in non-model securities driven by market movements.
• Communicate market conditions, execution updates, and trade information to the Portfolio Management team and broader firm.
• Develop and maintain custom investment reports using data from platforms including Koyfin, Black Diamond, RedBlack, and related systems.

Benefits

• Annual cash bonus may be available.
• Comprehensive benefits package, including medical, dental, vision, life insurance, and 401(k).
• The firm will consider support for further education and/or industry designations.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed